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To: Box-By-The-Riviera™ who wrote (94037)4/14/2001 12:01:45 AM
From: bobby beara  Read Replies (1) | Respond to of 436258
 
and that last move into gold at the same time...

double weird!!

there has been a disconnect between gold stocks and bullion, who is right, in the bear market in gold the rise in shares, not confirmed by the rise in bullion has been a negative.

maybe at sometime the gold shares will lead the market, but the gold shares have overpriced the rise in bullion since october, i have played the gold shares on the upside as a bear market rally, i don't believe the rally in gold shares until the bullion (fundamentals) confirm it.

this goes back to my prior post, shares in stocks are very loosely tied to fundamentals and are more subject to sentiment and money flows.

wall st. is as good as making pictures as hollywood.